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Three Things Investors Should Know About ICOs

The number of initial coin offerings (ICOs) is growing every day. In fact, in 2018 alone, there have been 579 ICOs, raising an astounding $3.8 billion. While investing in an ICO can be very lucrative, there are important things every investor needs to be aware of and certain steps they should take before putting any money down. Cryptocurrency is still an unregulated space, and investors need to have a heightened sense of awareness into the ICO they are considering to ensure their capital is being used for the intended purpose.

If you are looking to get into this highly unpredictable class of investments, this piece will help highlight three things you should be aware of before investing.